UNICEF, the United Nations fund to provide humanitarian aid, plans to use cryptocurrencies donated by the Ethereum Foundation and other organizations, to finance Internet connectivity in public schools around the world.
According to information from CoinDesk, UNICEF reported on a cryptocurrency fund to receive, maintain and distribute donations in bitcoin and Ethereum.
After making the first contributions to the UNICEF Cryptocurrency Fund, the Ethereum Foundation donated 1 BTC and 100 ETH, with a value of approximately $ 25,000.
According to Christina Lomazzo, UNICEF blockchain leader and Chris Fabian, head of UNICEF Ventures, the funds will initially be used to provide and improve Internet access in public schools around the world as part of an ongoing initiative called «Project Connect ».
Pay for school connectivity, see a light on for a school (on the Project Connect map) and be able to record that in an accounting book. It gives you a complete cycle of responsibility.
And I add:
I don't know many other things that can show the power of a truly distributed financial system that way
The governments of Sierra Leone, Kazakhstan, Kyrgyzstan and Kenya show interest in Project Connect, a blockchain- based system for Internet connectivity payments.
According to Fabian, digital payments are the way of the future for UNICEF and its parent organization, the United Nations.
UNICEF believes in cryptocurrencies
We spent the last two years developing this ability to establish a crypto fund. We are sharing that capacity with other UN organizations so that they do not have the same legal and financial work as we do.
Referring to the need for social impact organizations to adapt to current technologies , Fabian said:
We need to develop the muscles that will allow us to be prepared for the future
UNICEF recently announced the launch of a blockchain donation platform , aimed at supporting development projects worldwide. Allowing to receive, retain and disburse donations of Ether and Bitcoin cryptocurrencies.
publicacion original del articulo:
https://www.criptotendencias.com/actualidad/el-fondo-de-criptomonedas-de-unicef-considera-financiar-la-conexion-a-internet-en-escuelas-publicas/